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PA seals £30m Canadian deal

PA GROUP has sold its half share in the Canada Newswire press release distribution business to its joint venture partner UBM for £30.1 million, it was announced yesterday.The owner of the Press...

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Doubts still strong over expansion of forestry

Earlier this summer, the Woodland Expansion Advisory Group (WEAG) published its findings on how conflict between farming and forestry could best be avoided, a work hailed as a breakthrough and duly...

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Lobby group’s anger at calls for more cuts

The powerful European farming union and co-operative lobby Copa/Cogeca has this week rejected moves by the Cypriot presidency to reduce the EU budget because they claim it would bring about a...

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PPI case study: How reclaiming cash is simple and worth doing

HEARING the adverts on the radio and seeing the plethora of claims firms filling up day-time TV would make you think that reclaiming payment protection insurance is the most complicated thing on Earth...

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Jeff Salway: Think you have a claim? Your easy guide to compensation

Millions have successfully claimed compensation after being mis-sold PPI – and the payouts show no sign of drying up.Massive mis-selling of the product – designed to cover loan or mortgage repayments...

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Scottish Business Briefing – Friday 2 November, 2012

WELCOME to scotsman.com’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.FOOD, DRINK & AGRICULTUREArran and Skye...

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Faroe’s shares drop 10% after discoveries are abandoned

Shares in Faroe Petroleum dropped nearly 10 per cent in early trading today after the Aberdeen-based driller abandoned plans to develop its Freya and Fulla discoveries to the west of Shetland.Faroe,...

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Sales slowdown: Growth rates take a dive at John Lewis

DEPARTMENT store chain John Lewis today posted a further slowdown in sales growth, despite strong demand for laptops running Microsoft’s newly-launched Windows 8 operating system.Sales in the week to...

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Bank of England structures criticised by report

THE Bank of England’s “centralised and hierachical” governance structure is damaging its effectiveness, according to three independent reports.In further criticism they found its “vulnerable”...

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Shettleston sausage factory to close with the loss of 150 jobs

A GLASGOW sausage factory which employs 150 people is to close despite a battle by politicians and unions to keep it open.• Taskforce or politicians, union and company representatives was set up to try...

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Phoenix’s flame burns less brightly

Phoenix, the Paisley-based car dealership, has fallen into the red following a “challenging” year in which sales fell 4.3 per cent, but has expressed confidence that market conditions will improve over...

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US firms hiring more workers but 
overall jobless rate continues to rise

Employers in the US stepped up their hiring last month, but the unemployment rate rose as more people joined the jobs market.Figures from the labour department showed the economy added 171,000 non-farm...

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Business briefs: Homeowners in new inflation statistics | European car sales...

The Office for National Statistics (ONS) is to introduce a new measure of inflation next year that includes costs faced by owner occupiers.The new index, known as CPIH, will use changes in rental...

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MEPs threaten to delay plans for banking union

European parliament lawmakers said yesterday they could hold up plans for a eurozone banking union after member states ignored the parliament’s demands over gender balance on the Central Bank’s board....

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David Watt: Entrepreneurs and leadership vital for future growth

The past few years have clearly been difficult for the Scottish economy, and despite the welcome news that the UK is now officially out of recession, for many businesses north of the Border it doesn’t...

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Dutch first in the queue for new ScotRail franchise – and sleepers

DUTCH national railways Nederlandse Spoorwegen subsidiary Abellio has become the first potential bidder for the next ScotRail franchise to throw its hat into the ring.The firm said it was also...

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Fatty acid worry for oilseed farms

Although the market price for oilseed rape is at an all-time high, there is a major cloud hanging over the Scottish crop with many of this year’s crop samples having well above acceptable levels of...

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Samsung takes Note with 3m sales

Sales of Samsung’s Galaxy 
Note 2 smartphone have topped more than three million just over a month after its launch.The South Korean firm said yesterday that sales of the smartphone reached the figure...

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Malcolm Group seals £50m from three banks to fund its growth plans

LOGISTICS firm Malcolm Group has sealed a £50 million deal with a trio of banks to fund its expansion plans, as it targets growth at its haulage, rail and waste management businesses.Chief executive...

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Comment: Reviews by the score, well it seems like that

WE LIVE in a culture in which there are calls to “review” seemingly every political decision. So the fact that the Bank of England commissioned three separate investigations of its conduct during the...

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